Assess yourself based on the following questions:
- Where do I stand today?
- Where do I want to be in the future?
- What skills are required for getting
there?
- Do I possess these skills?
- How can an MBA help me acquire these
skills?
Now read through the two scenarios given
below and see if you can relate to either of them.
A. Your career goals are a continuation of your career so far, and you
would like to take on bigger responsibilities after your MBA. If this is
your reason for pursuing an MBA, you have to guard against projecting lack
of ambition. You also need to describe as to why you can’t learn the
skills at work itself? The way around the situation is to analyze your job
responsibilities in detail, assess your strengths and weaknesses, and
after listing the skills you will need in your future positions, try to
figure out the best way to acquire the missing competencies. There would
be some skills that you are likely to gain only at work, while others
would be best achieved through an MBA.
b. If you are aiming to switch careers, you need to convince the
admissions committee that an MBA will help you make this change.
Additional skills and experiences would also be needed. Specify for how
long you have kept this goal in mind. Why do you think you are a good fit
for your goals? What steps have you taken so far to prepare for the
change?
In each case you will first need to show that you are aware of what it
takes to achieve your goals. Then, try to describe how you will benefit
from an MBA. You have maximum likelihood of profiting from the program if
you enter it with specific and clear objectives in mind. List those
objectives while answering the Why MBA? question.
Why XYZ School?
While describing 'Why MBA?' you should try and connect your reasons with
something specific to the program offered by the school. A simpler case is
when the school offers a specialization or a unique program that not many
other good schools offer. A more complex case is when your interests lie
in investment banking and almost all schools have matching curriculums.
You then could look at other factors:
School's location - New York will offer you networking opportunities while
studying...
Teaching methods - The case method will help you take over 400 real time
business decisions in different functional areas...
Culture of the school - Students not only study in teams but are actually
responsible for running several functions at school. You have excelled in
team settings and would like to learn and contribute...
Don't go by the above standard answers; find one of your own by
researching the school's website. When you connect your reasons seamlessly
with your strengths, past experiences or future goals, the results can be
amazing. A visit to the school or insights from a present student can be
very useful too.
>>>>> Chapter 7: Useful Miscellaneous Tips